Managers will often find it necessary to use a subjective determination regarding the most appropriate method to use for allocating joint costs.

Name: Managers will often find it necessary to use a subjective determination regarding the most appropriate method to use for allocating joint costs.
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Question

Quizplus · Accepted Answer

The allocation of joint costs often requires managerial judgment to determine the most appropriate method, as there is not always a clear, objective way to allocate these costs among the products produced.

Managers Will Often Find It Necessary to Use a Subjective